The
glories of Srimad Bhagavatam are unlimited. It is described as
the summum bonum (ultimate source) of all Vedic literature, a
comprehensive commentary on the Vedanta Sutra and a natural
successor to the Bhagavad Gita. As an authoritative, absolute
Vedic literature, it is self-delineating, and the following
verses gives us a glimpse of the glories of the Bhagavatam.

This Srimad-Bhagavatam is the literary incarnation of God, and it
is compiled by Srila Vyasadeva, the incarnation of God. It is
meant for the ultimate good of all people, and it is
all-successful, all-blissful and all-perfect.

This Bhagavata Purana is as brilliant as the sun, and it has
arisen just after the departure of Lord Krsna to His own abode,
accompanied by religion, knowledge, etc. Persons who have lost
their vision due to the dense darkness of ignorance in the age of
Kali shall get light from this Purana.

The material miseries of the living entity, which are superfluous
to him, can be directly mitigated by the linking process of
devotional service. But the mass of people do not know this, and
therefore the learned Vyasadeva compiled this Vedic literature
(Srimad Bhagavatam), which is in relation to the Supreme Truth.